Black Homeownership Faces Persistent Barriers, Despite Hard-Fought Gains
Homeownership remains one of the most significant drivers of wealth, yet Black families face disproportionate barriers to achieving this milestone.
Market Turmoil Raises Concerns Among Black Investors
Financial advisors recommend that Black investors maintain a cautious approach during this period of volatility.
The City of Houston Awards $100K to Projects Amplifying Artistic Creativity, Innovation
The City of Houston Mayor’s Office of Cultural Affairs is awarding $100K in grants to 40 individuals and nonprofit organizations for specific programs that amplify artistic creativity and innovation in the city.
Financial Expert: New Tariffs Could Bring Economic Pain to Black and Brown Communities
President Trump’s sweeping tariffs on Canada, China, and Mexico have already begun to rattle markets and consumers.
Trump Administration Rescinds Federal Funding Freeze
Trump’s administration rescinded a Project 2025-inspired order that had abruptly frozen most federal grants and loans.
UNCF Economic Impact Report Highlights Unmatched Contributions, Urgent Funding Needs of HBCUs
HBCUs have long been pillars of educational excellence and economic engines, driving prosperity in their communities and across the nation.
Christmas Price Index 2024 Reflects Wage Growth and Rising Service Prices
PNC’s Christmas Price Index mimics the Bureau of Labor Statistics’ (BLS) Consumer Price Index.
52% of Americans Say There is a Secret to Success, According to New Study
Is there a secret to financial success? Most Americans say “yes.”
New Study: Over 1 in 4 Americans Hit Their Limit on the Prices of Household Staples
Pricing pressures have caused Americans to pull back, with over six in 10 (62%) saying their ‘purchasing power’ and income in relation to prices is decreasing.
VP Kamala Harris Unveils Agenda for Black Men, Promises Wealth-Building, Opportunity as Election Nears
Harris’ detailed plan appears to offer Black men a vision of leadership, opportunity, and economic empowerment.
Biden Administration Targets Lead Pipe Replacement Nationwide, Prioritizing Black Communities Facing Water Inequities
President Joe Biden announced a new EPA rule that mandates the replacement of lead service lines across the nation within 10 years.
Inflation Hits Lowest Level Since Pandemic as Consumer Prices Stabilize
With inflation now easing to pre-pandemic levels, the latest data suggests that while some price pressures remain.
UNCF Releases 2024 HBCU Economic Impact Report Highlighting Contributions and Funding Needs
HBCUs are far more accessible to students and more successful at moving students from the bottom 40% of a country’s income distribution to the top 60%, signaling social mobility.
U.S. Economy Adds 142,000 Jobs in August; Unemployment Rate Falls to 4.2%
The U.S. economy added 142,000 nonfarm payroll jobs in August, less than the 165,000 economists had predicted.
Inflation Cools to Below 3%, Paving the Way for Potential Fed Rate Cuts
Inflation in the United States showed promising signs of easing in July, with the Consumer Price Index (CPI) falling below 3% for the first time in over three years.
Study Reveals Shifts in Economic Mobility for Americans
The study attributes these divergent trends to changes in childhood environments, particularly parental employment rates within local communities defined by race, class, and childhood county.
How to Grow Your Business in a Ramen Noodle Economy
Small businesses that have access to actionable insights are in a position to make better business decisions.
VP Harris Announces $5.5 Billion Funding for Affordable Housing and Homelessness Solutions
A housing crisis is gripping tens of millions of families nationwide, cutting across political lines and sparking bipartisan action in state legislatures.
Vice President Kamala Harris Announces Nationwide Economic Opportunity Tour
The tour, which will begin with a moderated conversation in Atlanta on April 29, will see the Vice President visiting several states to emphasize the administration’s commitment to creating an economy where every person can thrive.
Veteran Leader Appointed as Houston’s New Economic Development Officer
Gwendolyn Tillotson-Bell has been appointed as the City of Houston’s Chief Economic Development Officer.